Understanding Your Financial Aid Refund
What is a Financial Aid Refund
A financial aid refund is the excess money left over after your billed tuition, fees, housing, and other university charges are covered by your financial aid (scholarships, grants, loans). In other words:
If your total financial aid award is greater then your total charges
Then the difference is refunded to you
This refund can be used for other educational expenses (books, supplies, living costs, etc.).
How Do I Know If I have a Refund
Student refunds will be handled digitally through JP Morgan Chase. Refund recipients will receive a notification email to their @stonybrook.edu email account from "donotreply@jpmorgan.com" All students, will be asked to set up a direct deposit preference and will have five (5) calendar days to Accept the Refund and enter their preferred bank account information. If a Direct Deposit Account is not set up within five (5) calendar days, the refund will be issued and mailed to the student as a paper check to the home address in your SOLAR account.
Additional Refund Notification Email from Student Financial Services
Students will receive an email from Student Financial Services when a refund has been issued.
The email will include:
- The refund amount
- The mailing address on file (used if a paper check is required)
- Instructions on how to update your address if it is incorrect
Please review this email carefully to ensure your information is accurate and to avoid any delays in receiving your refund.
Additional Information
If you are already enrolled in Direct Deposit, no further action is required, your refund will be deposited directly into your designated bank account.
To ensure you receive refund notifications, please add “donotreply@jpmorgan.com” to your list of trusted senders so the message does not go to your spam or junk folder.
For questions about your refund, please contact Student Financial Services.
👉 Visit the Student Financial Services Contact Page